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2023
Exports $18.5kWorld Rnk 76 / 128
Flag Rnk 1008 / 1133
2023
Destination $11.9k Netherlands
2022 - 2023
FASTEST GROWING MARKET $11.9kNetherlands
2023
PRODUCT COMPLEXITY IN Cocoa Butter-1.34Rnk 911 / 1025
2023
Imports $22MWorld Rnk 32 / 179
Flag Rnk 402 / 1199
2023
Origin $274k Brazil
2022 - 2023
FASTEST GROWING ORIGIN $274kIndonesia
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $18.5k in Cocoa Butter, making it the 76th largest exporter of Cocoa Butter in the world. At the same year, Cocoa Butter was the 1008th most exported product in Chile. The main destination of Cocoa Butter exports from Chile are: Netherlands ($11.9k), United Kingdom ($6.38k), Canada ($220), and Denmark ($1).

The fastest growing export markets for Cocoa Butter of Chile between 2022 and 2023 were Netherlands ($11.9k), United Kingdom ($6.38k), and Canada ($165).

Imports In 2023, Chile imported $22M in Cocoa Butter, becoming the 32nd largest importer of Cocoa Butter in the world. At the same year, Cocoa Butter was the 402nd most imported product in Chile. Chile imports Cocoa Butter primarily from: Brazil ($13.7M), Peru ($2.93M), Indonesia ($2.08M), Malaysia ($1.59M), and Ecuador ($997k).

The fastest growing import markets in Cocoa Butter for Chile between 2022 and 2023 were Indonesia ($274k), Colombia ($146k), and Ecuador ($138k).

Latest Trends

July 2024

About

Overview In July 2024 Chile's Cocoa Butter exports accounted up to $207 and imports accounted up to $1.78M, resulting in a negative trade balance of $1.78M. Between November 2019 and July 2024 the exports of Chile's   Cocoa Butter have decreased by $-139k (-99.9%) from $139k to $207, while imports increased by $1.41M (383%) from $368k to $1.78M.

Destinations In July 2024, Cocoa Butter were exported mostly to , and were imported mostly from Brazil ($1.23M) and Peru ($547k).

Growth In July 2024, the decrease in Cocoa Butter's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Cocoa Butter's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2019 - July 2024)$-139k(-99.9%)
IMPORT GROWTH (September 2023 - November 2024)$1.41M(383%)
MAIN EXPORTER (July 2024)Valparaíso$207
MAIN DESTINATION (July 2024)

This section shows Cocoa Butter's exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cocoa Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18.5k
IMPORTS (2023)$22M
NET TRADE (2023)-$22M

In 2023, Chile exported $18.5k in Cocoa Butter. The main destinations of Chile exports on Cocoa Butter were Netherlands ($11.9k), United Kingdom ($6.38k), Canada ($220), and Denmark ($1).

In 2023, Chile imported $22M in Cocoa Butter, mainly from Brazil ($13.7M), Peru ($2.93M), Indonesia ($2.08M), Malaysia ($1.59M), and Ecuador ($997k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Butter EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Netherlands$11.9k (1%)
United Kingdom$6.38k (1%)
Canada$165 (300%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Butter BY Chile WERE (2022 - 2023):
Ireland-$921 (-100%)
Belgium-$260 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Cocoa Butter were:
Netherlands $1.74B
Cote d'Ivoire $715M
Indonesia $650M
In 2023, Chile's main importing competitors in Cocoa Butter were:
Germany $853M
Belgium $638M
United States $574M

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Trade Value of Cocoa Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $793
TOP IMPORT POTENTIALIndonesia+ $771k

Cocoa Butter’s highest export potential is Belgium. With an export gap of $793.   Cocoa Butter’s highest import potential is Indonesia with an import gap of $771k.

See methodology.

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